The mutual fund influencer

Any son will admit that making his father accept something new is one of the toughest challenges in this world. Mothers are naturally open to suggestions. They are wired differently. But, no, not the fathers. When your father holds a strong view on the subject, it is doubly difficult to make him see your way. All of us have tried it; it either turns into an undesirable argument or is met with steely silence. It is for this reason alone that we must know the interesting story of a spirited Shailesh Bansal, who is all of 30 years. He achieved the impossible. Shailesh convinced his father that 'mutual funds sahi hai' and that resulted in senior Bansal moving his investments from the bank fixed deposits and PPF to mutual funds. Read on. Hailing from a typical Marwari business class family wherein the value and importance of money is taught since childhood, Shailesh was no stranger to finance. But he has always tried to experiment with new things. He did his engineering from VIT, Vellore in Biotechnology. He worked for 2 years with Cognizant, Pune as a developer and later joined a full-time MBA course at TAPMI, Manipal because Shailesh wanted to broaden his horizon about various aspects of a business. Though reading various articles, books, and blogs on investments, is a new-found hobby, Shailesh loves a good adventure. The thrill-seeker in him has done sky-diving, scuba diving, river rafting, taken Enfield road trips in Kerala & Nepal, jungle night trekking...the list is endless. His to-do list now has bungee jumping! The adrenaline rush from doing exciting things is understandable. For many, stock investing gives them a 'kick'. The lure of stocks is hard to resist. But, Shailesh's father held a different opinion on dir

This article was originally published on October 04, 2021, and last updated on October 31, 2022.